Below are three independent situations that are expected changes this year when compared to the last year noted above. _For each situation, state the expected effect on Return on Investment (R01) and Residual Income (RI) assuming everything else isjust as last year. Answer \"increase," "decrease," or "no effect.\" expected effect on ROI RI 3. The Fed increased interest rates, so interest expense associated I; No 0.4- \"(a \"Guy' with the company's loans will be higher this year than last year. \" M\" . Due to supply chain concerns, the company has decided to Wren-'95.. increase its holdings of inventory this year compared to last yea r. c. Due to increased cost of capital, the company has increased its minimum required rate of return this year compared to last year. Consider each situation independently